Mumbai, [17/02/2025]: Calcom Vision Limited (BSE: 517236), is one of the leading Electronics Manufacturing Services (EMS) and Original Design Manufacturing (ODM) in India, engaged in the manufacturing of LED Lights, Battens & other electronic items, announced its unaudited financial results for the quarter and nine months ended 31st December 2024. The company reported that its revenue from operations for Q3 FY25 increased by 9.25% YoY to Rs 44.66 crore, up from Rs 40.88 crore in the same period last year.
The significant growth in revenue reflects the company’s strategic focus on augmenting LED Batten Production to support top line, automate Bulb production, Solar Light Segment, backward integration by strengthening infrastructure, strengthen marketing function which will help in adding new customers and developing new markets
The company reported a 747.53% year-on-year surge in its Q3 FY25 profit after tax (PAT) at Rs 0.31 crore as compared to Rs 0.036 crore in the corresponding quarter last financial year.
Calcom Vision’s earnings before interest, tax, depreciation and amortization (EBITDA) increased by 101.93% to Rs 4.37 crore, as against Rs 2.16 crore for the same period last year.
Key financial highlights for Q3FY25:
- Revenue from operations grew by 9.25% YoY to Rs 44.66 crore in Q3FY25 as compared to Rs 40.88 crore in Q3FY24 driven by the addition of a few new customers.
- Profit after tax (PAT) increased by 53% to Rs 0.31 crore in Q3FY25 from Rs 0.036 in Q3 FY24 on account (XX reasons)
- Operating EBITDA margin declined to 9.79% from 12.27% in Q3 FY24
Commenting on the Q3FY25 performance, Sushil Kumar Malik, Chairman and Managing Director, Calcom Vision Limited. said, “We have marked the highest third-quarter sales in the company’s history. This notable uptick in sales, revenue, and net income highlights our company’s resilience and strategic acumen.
Key developments include the upcoming launch of our Professional Street Light with in-house moulds, the completion of solar product designs with the first order secured, and successful trials for our EV chargers. Additionally, we have finalized designs for new trade street, flood lights, high bay lights, and well glass products, with plans for industrialization within this fiscal year.
Furthermore, we are expanding our export operations, and our order books continue to grow. With an expanding portfolio and rising demand, we remain focused on driving sustainable growth and delivering strong returns for our shareholders. We are well-positioned for continued success in Q4 FY25 and beyond.”
About Calcom Vision Limited:
Calcom is an Original Designer & Manufacturer (ODM) and a leading provider of Electronics Manufacturing Services (EMS), specializing in the production of energy-efficient electronics and consumer durables. Founded in 1976 with a strong focus on research and development (R&D), Calcom has developed a range of products, including calculators, televisions, hand mixers, vacuum cleaners, and more, for leading domestic and multinational brands such as Panasonic, Osram, Bajaj, USHA, Great White, Opple Lighting, Amazon, HPL Electric & Power, and Anchor. In 2009, Calcom diversified into lighting electronics and is now recognized as one of the world’s largest suppliers of a wide range of lighting products to several multinational brands in India and overseas. The company has developed an extensive portfolio, including LED bulbs, luminaires, and drivers. In March 2023, Calcom Taehwa Techno Private Limited (CTTPL) was founded as a joint venture between Calcom Vision Limited (India) and Taehwa Enterprise (Korea) to develop reliable and cost-effective BLDC fan solutions for the Indian market. Calcom operates as a fully integrated lighting manufacturer with a state-of-the-art 15,000 square meter factory located in Greater Noida, Delhi NCR.
